Monthly Archives: September 2008

Human Rights: Where Do McCain and Obama Stand?

This is the first in a 3-Part series on the U.S. Presidential candidates and their positions on human rights.

As the presidential election approaches, I began to wonder where John McCain and Barak Obama stand on questions related to human rights. I thought it would be interesting to take a look at their official web sites and see what the candidates say on the broad subject.

What I found was interesting. Read more »

Harvard Releases Study on Human Rights Risk in Investing

Mainstream investors for the first time are beginning to assess labor and human rights factors as a way of increasing returns and lowering risk, according to a study released today by Harvard Law School’s Labor and Worklife Program (LWP). “Incorporating Human and Labor Rights Risk into Investment Decisions” says a growing number of institutional investors and global lenders are widening conventional investment decision-making to incorporate assessments of the long-term sustainability risks posed by corporate labor and human rights practices. Pioneers in the field include leading European and U.S. pension funds as well as financial firms such as Goldman Sachs and Mercer.

The editor of our companion blog, Governance Notes, has recently conducted an interview with Aaron Bernstein, the principal author of this study. You can listen to the interview here.

[podcast]http://globalinvestmentwatch.com/audio/bernsteininterview.mp3[/podcast]

In addition, you can read or download a copy of the report here.

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Barack Obama Fires up Fire Fighters in Colorado

Yesterday I heard Barack Obama speak at a high school north of Denver. Barack was a few hours late because he was on various phone calls dealing with the bailout fiasco, but one thing was clear: the crowd was FIRED up and we would have waited all day if we had to. When I first approached the high school I spotted a number of people running around in bright yellow t-shirts. My first thought was…hmmm, are they some sort of wingnuts? When I got close enough I was relieved to see that their t-shirts read “Fire Fighters for Obama Biden.” These are my kind of people. Read more »

Who Do You Trust with Your Pocketbook?

Obama vs. McCain

In your view, which presidential candidate will handle the economy better? The performance under recent administrations would seem to suggest that history favors the Democratic nominee. We would like to poll our readers as to which candidate they think will be the better steward of taxpayer money.

Alcatel-Lucent: A Match Made Not in Heaven

While relations between France and the U.S. have warmed up since Nicolas Sarkozy was elected President of France in 2007 — Sarkozy even visited George W. Bush at his summer house in Kennebunkport, mon dieu! — things don’t seem to be improving for Alcatel-Lucent. A recent AP Financial Wire reported that “Not Much has gone right in the two years since France’s Alcatel joined with its American counterpart Lucent to form a powerhouse in the telecommunications equipment business.” An ongoing corruption scandel in Costa Rica, massive job cuts resulting in strained union relations, and the fact that the company has yet to post a profit since the merger among other issues, have stakeholders crying “quel bordel!”

Read more »